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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: dara who wrote (310793)8/7/2025 11:18:36 AM
From: ralfph  Respond to of 312694
 
MAI - Acquiring a property is kinda neutral - sometimes it signals they are on to something and other times it is almost a signal of desperation.



To: dara who wrote (310793)8/7/2025 12:08:59 PM
From: 31Floors1 Recommendation

Recommended By
ralfph

  Read Replies (1) | Respond to of 312694
 
I just need to hold my breath, I guess. Is he tone deaf or is this that good a deal? All we needed were permits and the odds for that appear to be so good, great. Now we have huge dilution and we speed up the schedule to a mid tier - at the cost of delays to my plan. Dara it's just not fair! We'll leave it to Doug to explain!



To: dara who wrote (310793)8/7/2025 4:35:15 PM
From: LoneClone4 Recommendations

Recommended By
31Floors
dara
Gib Bogle
onepath

  Read Replies (1) | Respond to of 312694
 
Dara, I used to own shares of a company whose name I forget that owned these properties that MAI is buying. That company was then bought out by Calibre Mining, which was in turn acquired by Equinox. IMO Pan is already a good little money-maker, and Gold Rock has the goods to become the same.

I understand why people are balking at the dilution through the PP, but MAI's management if the opposite of the CNL group. Based on their track record, I think they can handle upgrading PAN and then using the cash flow to bring Gold Rock into production alongside Copperstone and the Mexican properties.

I took advantage of today's sale price to add to my already large stash of MAI, the first addition in some time. I am confident that in two years I will be very glad to have made the purchase.

I wonder if MAI will become a takeover target in those two years.

LC



To: dara who wrote (310793)8/8/2025 4:48:40 PM
From: Claude Cormier2 Recommendations

Recommended By
31Floors
dara

  Read Replies (1) | Respond to of 312694
 
It seems to me that the acquisition delutes their other assets that have more leverage.